“We delivered sound third quarter results in the confines of an ongoing challenged macroeconomic environment driven by increasing volatility across emerging markets,” Coca-Cola CEO Muhtar Kent said in a statement.

Coca-Cola reported global volume growth of 2%, which marks an improvement from 1% in the second quarter, but still trailed estimates on Wall Street for 2.9%.

The beverage company said its volume grew 2% in North America, 1% in the Americas and was flat in Latin America. Volume rose 5% in the Pacific, 4% in Eurasia and Africa, but slipped 1% in Europe. Chinese volume climbed 9%, while volume in India was up 6%.

“While we saw sequential improvement in the business compared to the second quarter, together with our global bottling partners, we remain constructively discontent and resolutely focused on further advancing our growth trajectory,” Kent said.